MG Vehicles have had a price that has remained pretty much the same during the last months. The prices for this particular model have remained constant recently.
The selling prices for MG cars have remained constant in the last 6 months. In October the price for a car is ₱ 674,347 increasing till ₱ 709,975 in November. The average selling price has remained fairly constant during the following two months, going from ₱ 692,161 to ₱ 680,499. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (₱ 726,231) during February and March.
The average price for MG has become more expensive in recent years. During 2019 and 2019, the average price was ₱ 658,415. During this period, prices pretty much remained constant. During the next two years (2020, 2021), the average price went up 12 % moving from !PRECIO1! to ₱ 740,630.5, During the last two years the price has remained constant with regard to the previous 4 years, going from an average price of ₱ 736,637.25 in 2022 and ₱ 732,644 during 2023.
The graph that displays the price for MG cars according to their mileage shows that those cars within a mileage range of "25,000 - 50,000" are the ones with the lowest price. They are 19 % more affordable than the average price (₱ 776,608). Next with a price of ₱ 666,943 and a mileage range of "10,000 - 25,000" we would see the following vehicles. The mileage range for the most affordable cars is "less than 10,000". It is 5% less expensive than the average market value followed by those cars with a mileage of "10,000 - 25,000" priced at ₱ 666,943.